Prataap Snacks Limited reported a fire accident at its manufacturing unit in Jammu on December 30, 2024. The incident occurred at the unit situated in Kartholi Teh, Bari Brahmana, Samba, Jammu and Kashmir. While no casualties were reported, the fire caused significant damage to inventories, machinery, buildings, and furniture, disrupting the unit’s operations.
Key Details:
- Impact on Operations: Until the operations resume at the Jammu unit, the company will meet the northern market’s demand through third-party manufacturing facilities located in Hisar and Karnal.
- Insurance Coverage: Prataap Snacks assured stakeholders that the company has adequate insurance coverage. The insurance company has been informed and efforts are underway to assess the extent of the loss.
The company has pledged to keep stakeholders updated on any further developments regarding the incident and its operational impact.